Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    930 Hope Holw Rd, Unit 940 Carnegie, PA 15106-3631

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    930 Hope Holw Rd, Unit 940 Carnegie, PA 15106-3631

    View on Map
    • Auto shops
    • 2,142 SF
    • 0.45 lot acres
    Off-Market
    Last Sale Jun 12, 2024
    $112,400
    Property ID
    US73-2517801
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 930 Hope Holw Rd

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.45 lot acres
    Property size
    2,142 SF
    Property type
    Auto shops
    APN
    101-D-75
    APU
    101D75

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carnegie
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.0838
    Latitude
    40.394
    CBSA code
    38300
    CBSA name
    PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,395
    $93,700
    $131,100
    $224,800
    -
    $93,700
    $131,100
    $224,800

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      341 Main St

      AUTO REPAIR, GARAGE • 0.25 Acres
      341 Main St, Carnegie, PA 15106-2751
      View Details
    • Value Estimation
      $650,000
      4,968 SF

      1800 Oak Way

      AUTO REPAIR, GARAGE • 4,968 SF
      1800 Oak Way, Carnegie, PA 15106-4025
      View Details
    • Value Estimation by Request
      0.09 Acres

      1200 Washington Ave

      AUTO REPAIR, GARAGE • 0.09 Acres
      1200 Washington Ave, Carnegie, PA 15106-3621
      View Details
    • Value Estimation by Request
      0.74 Acres

      1000 Washington Ave

      AUTO REPAIR, GARAGE • 0.74 Acres
      1000 Washington Ave, Carnegie, PA 15106-3601
      View Details
    • Value Estimation by Request
      1,618 SF

      1029 Campbells Run Rd

      AUTO REPAIR, GARAGE • 1,618 SF
      1029 Campbells Run Rd, Carnegie, PA 15106-1902
      View Details
    • Value Estimation by Request
      0.11 Acres

      1909 Gary St

      AUTO REPAIR, GARAGE • 0.11 Acres
      1909 Gary St, Carnegie, PA 15106-1112
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,000 SF

      9,000 SF Building in Carnegie

      9,000 SF building with high visibility and signage potential.
      415 Chartiers Ave, Carnegie, PA 15106
      View Details
    • $375,000
      0.03 Acres

      Carnegie Retail & Office Building

      Prime Carnegie location, versatile space.
      232 3Rd Ave, Carnegie, PA 15106
      View Details
    • $339,000
      0.07 Acres

      Carnegie Mixed-Use Investment Opportunity

      Four units, commercial storefront, and residential spaces in Carnegie, PA.
      620 Carothers Ave, Carnegie, PA 15106
      View Details
    • $1,750,000
      18,204 SF

      Carnegie Executive Office Building

      18,204 SF Office Building, $1.75M
      112 3Rd Ave, Carnegie, PA 15106
      View Details
    • Contact for pricing

      Collier Township Restaurant/Retail Opportunity

      Restaurant/retail building on a double corner lot with parking.
      3 Walkers Mill Rd, Carnegie, PA 15106
      View Details
    • $355,000
      Pending

      Historic Carnegie Mixed-Use Property

      1922 building with office and residential spaces.
      509 Chestnut Street Ext, Carnegie, PA 15106
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Scott Township

      Retail space in a lively area with steady foot traffic.
      1160 Washington Ave, Carnegie, PA 15106
      View Details
    • Sponsored
      Contact for pricing

      PA, Carnegie - Lydia Street

      Workspaces, services and support to help you work better in PA, Carnegie - Lydia Street
      400 Lydia St, Carnegie, PA 15106
      View Details
    • Contact for pricing
      39,000 SF

      Warehouse/Assembly Space Near Highways

      39,000 SF warehouse/assembly space with convenient highway access.
      100 Keystone Dr, Carnegie, PA 15106
      View Details
    • Contact for pricing
      13,000 SF

      Crane-Served Industrial Buildings For Rent

      Three standalone industrial buildings with crane service and air-conditioned space.
      Superior St, Carnegie, PA 15106
      View Details
    • $17 SF/Yr

      Renovated Class A Office Building

      Fully renovated Class A office/medical building in Carnegie, PA.
      112 3Rd Ave, Carnegie, PA 15106
      View Details
    • $4,500 /Mo

      Carnegie Office Building For Sale

      9,000 SF building with high visibility and parking.
      415 Chartiers Ave, Carnegie, PA 15106
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    930 Hope Holw Rd, Unit 940
    Carnegie, PA 15106-3631
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!